Former New York state Senate Majority Leader Pedro Espada Jr. will face a new criminal trial on four corruption charges that a jury deadlocked on yesterday during his initial fraud and embezzlement trial, The Post has learned.

Brooklyn federal prosecutors now intend to move forward with a second trial and will retry Espada on four counts that stem from his tainted operation of Soundview Healthcare Network, a chain of medical clinics in The Bronx, a source told The Post.

Yesterday after a two month-long trial, a jury convicted Espada of theft, embezzlement, and stealing federal funds from the not-for-profit Soundview by misusing its corporate money for personal expenses – including to pay for lavish Caribbean vacations, splurgng on tens of thousands of dollars worth of gourmet restaurant meals and funding the renovation of his Westchester home.

But jurors yesterday admitted that they were unable to resolve their differences on the four remaining counts leveled against Espada, which include a charge of conspiring to embezzle money from the health care chain, stealing funds from its treasury in 2009, wire fraud and another conspiracy count.

It is those “hung” counts that prosecutors now plan to retry at a second criminal trial in Brooklyn federal court.

The feds also intend to repeat their entire case at a new trial against Espada’s son, Pedro Gautier Espada, who is charged with a total of eight counts of theft, embezzlement, conspiracy and other charges connected to his work at Soundview and the operation of related firms that provided contractual janitorial services to the health care chain, a source confirmed.

Brooklyn federal Judge Frederic Block yesterday told prosecutors that they needed to inform him within two weeks if they were planning to retry the former senator and his son on the deadlocked counts, but the decision to move forward has already been made, the source said.

Both Espada and his son also face a separate criminal tax fraud trial in Manhattan federal court on charges that they deliberately misstated their income, filed false returns and intentionally mislabeled personal expenditures utilizing corporate funds as legitimate business expenses.

The Bronx Democrat already faces up to 40 years in prison when Block sentences him on the four counts that he was convicted on yesterday.